Mitica, Pepi - In: Ovidius University Annals, Economic Sciences Series XIV (2014) 1, pp. 704-709
by using seasonal resources. For this we used output gap indicator, defined as the difference between real GDP and … potential GDP. Output gap indicates disparity in the real economy. Other words, we wanted to answer the question: How large … transmission mechanism of cyclical components of GDP for Romanian tourism was analyzed using VAR econometric model. We pursued by …